Recent years have seen frequent debates around people’s ability to exist and express themselves online. From censorship and data breaches to WhatsApp’s controversial new terms of service, trust is low for many of the big names in social media and streaming.Ixian is a self-funded project which is five years in the making. It’s a platform enabling streaming and messaging services on the blockchain, along with the ability to trade and transfer funds in IxiCash – which is currently surging in value.The Ixian platform is entirely decentralised, as it is maintained by nodes which users can set up themselves to earn rewards. This means there is no central point of failure, minimising the risk of downtime for apps built on the platform.Meanwhile, user data is stored on users’ own devices, safe from central data breaches and intrusive governments. This focus on privacy and security puts Ixian in a great position to capitalise on the growing mistrust against traditional streaming and messaging platforms.The rise of IxiCashUS and China residents were unable to purchase IxiCash without considerable workarounds as the token was only available on Vitex up until a few months ago. However, the Ixian dev team has built a bridge from the ground up, to the ethereum network to allow wrapping of the Ixicash(IXI) token to be traded on UniSwap, a move which is predicted to boost its value even further.Currently an ongoing liquidity drive has been started to allow trading in higher volume on the Uniswap Dex.A new type of blockchainUnable to find a blockchain that offered sufficient functionality, Ixian’s team set out in 2016 to build their own blockchain from scratch. There are two central parts to the project: Ixian DLT and Ixian S2.Ixian DLT (Distributed Ledger Technology) is a blockchain which processes a high volume of micro transactions every second. It’s optimised to maintain high speeds while consuming a low amount of processing power, disk space and energy.This efficiency is possible thanks to a new, consensus-based block acceptance algorithm. It mitigates some common concerns about blockchain technologies demanding significant computing power, and the cost and carbon footprint that comes with it.Meanwhile, Ixian S2 is a decentralised streaming network built for text, voice and video. It enables secure communication between users along with the opportunity to trade and earn revenue. The system is highly scalable and able to cater for both indie app developers and bigger projects.What the future holdsCurrently, the best example of Ixian’s power is Spixi, a decentralised messaging app available on Google Play and App Store. It keeps each user’s data solely contained on their own mobile device, offering a degree of privacy lacking on many other platforms. The app also includes a wallet feature, allowing users to trade or transfer IxiCash within the app. Among other things, this opens up for content creators to offer direct communication and receive donations from their fans.Ixians latest roadmap, which stretches into 2022. It includes upgrades to the DLT network, new functionality for streaming and monetization, as well as a host of new features for Spixi such as video calls and self-destructing chats.Website: ixian.io Medium: https://medium.com/ixian Telegram: https://t.me/Ixianofficial Twitter: https://twitter.com/ixian_IO

This press release was originally published on this site

You May Also Like

Young PEEZY on Base and Matt Furie’s most famous frog: Two sides of the same coin

In the ever-evolving world of cryptocurrency and blockchain technology, memecoins have established…

Emerging BTC Layer2 Innovation, AINN Layer2 Secures Funding from Satoshi Lab, Waterdrip Capital, and Industry Pioneers

AINNLayer2, the first decentralized Bitcoin Layer2 network project supporting large-scale AI applications,…

COLLAR Launches the First Shibarium-Based All-in-One Launchpad for Shib Tokens, DEX Goes Live

COLLAR, a blockchain project that aims to empower the Shiba Inu ecosystem…

Quantum Ledger Trading Center: Revolutionizing Crypto Payments Before Breakfast

Quantum Ledger Trading Center is at the forefront of the digital economy’s…

Introducing OTX: A Quantum Leap in the World of Cryptocurrency with the Fastest Blockchain

OTX, Open Trade Exchange, is excited to unveil its groundbreaking blockchain technology,…

Oberit Investment Opportunity Overview Webinar Replay is Now Available

Curious about what went down at Oberit’s exclusive Investor Q&A session with…

Koto Crypto Exchange Becomes One of the Leading OTC Crypto Desks to Buy or Sell USDT with cash in Dubai Since Launch

Koto Crypto exchange, a leading digital asset exchange based in Dubai, has…

Fish Finance Leverages NFTs To Reward Users Using Play-To-Earn Feature

Fish Finance, a MetaVerse, and NFT platform, has unveiled a new platform…

Embracing the Future: DefiQuant Launches Advanced AI-Driven Crypto Trading Solutions for 2024

As the cryptocurrency market continues to evolve and expand, reaching new heights…

REVA Leads the New Path of NFT Industry

REVA, based in Silicon Valley, is dedicated to providing world-class digital art…